Sw Rochester (Rochester, MN)
Sw Rochester (Rochester, MN) Real Estate News
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SW Rochester MN Local Real Estate Market Statistics
Dan Kingsley, ePRO, CDPE-RANGER - Rochester MN (Counselor Realty of Rochester)

SW Rochester MN Local Real Estate Market Statistics for February 2011:

Summary Statistics
  Feb-11 Feb-10 % Chg 2011 YTD 2010 YTD % Chg
Absorption Rate 8.35 8.86 -5.76 7.98 8.23 -3.04
Average List Price $326,336 $314,499 3.76 $304,439 $311,632 -2.31
Median List Price $259,900 $265,000 -1.92 $239,900 $259,000 -7.37
Average Sale Price $236,452 $233,629 1.21 $224,680 $241,981 -7.15
Median Sale Price $204,950 $214,750 -4.56 $193,000 $222,000 -13.06
Average DOM 201 161 24.84 203 148 37.16
Median DOM 179 162 10.49 172 133 29.32

SW Rochester MN Real Estate Market Statistics are getting better overall. SW Rochester MNhas always claimed a higher price per sqft than most other areas of Rochester MN. Even though the inventory is a bit high at eight months it has decreased from last year by 5.75%. Less inventory means less choices for buyers and less competition for sellers. Already seller have on average raised thier prices from last year and are now starting to see a small increase of average sale prices. Hopefully this stays the course but the average days that the inventory of homes on the market has also increased by almost 25%. This is probably due to price increase. Looking at the big picture compared to the rest of the Rochester MN and surrounding markets SW Rochester home prices have not falled as much nor will they climb as quickly due to the combination of price and demand for these homes.

If you would like more information about SW Rochester MN Real Estate contact Dan Kingsley, The Real Estate Ranger, at 507-990-1721 or www.TheRealEstateRanger.com.

Guiding You on Your Next Real Estate Mission!

Original
SW Rochester MN Local Real Estate Market Statistics
Dan Kingsley, ePRO, CDPE-RANGER - Rochester MN (Counselor Realty of Rochester)

 Here are SW(South West) Rochester MN Local Real Estate Market Statistics for January 2011. These numbers for SW Rochester MN Local Real Estate Market Statistics are a summary. If you would like to get more detailed information about SW Rochester's market statistics cantact Dan Kingsley, SW Rochester local expert, at www.TheRealEstateRanger.com.

               
Statistic 10-Dec 9-Dec % Chg 2010 YTD 2009 YTD % Chg  
Absorption Rate 8.2 7.73 6.08 10.47 N/A N/A  
Average List Price 305050.9 354559 -13.96 294614.3 300907.7 -2.09  
Median List Price 229900 272400 -15.6 234950 241850 -2.85  
Average Sale Price 268877.7 347055.4 -22.53 240965.7 244726.7 -1.54  
Median Sale Price 199950 329542.5 -39.32 203500 198550 2.49  
Average DOM 168 228 -26.32 139 145 -4.14  
Median DOM 174 161 8.07 105 79 32.91  
               

If you would like to learn more about SW Rochester MN and it local attractions click here.

Guiding You on Your Next Real Estate Mission!

Rochester, MN Real Estate Professionals
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